4, WENTON CLOSE, COTTESMORE, OAKHAM, LE15 7DR - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 WENTON CLOSE is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £239,985. It was last sold for £245,000 in September 2020, which was around 44% below the average September 2020 detached price in the Rutland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

4 WENTON CLOSE Sold Prices

Land registry data shows two sales for 4 WENTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 4 WENTON CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 25 SEP	£245,000	£436,052	44% below HPI
1996 25 OCT	£64,000	£93,776	32% below HPI

4 WENTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 4 WENTON CLOSE sales from October 1996 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 4 WENTON CLOSE be worth now?

4 WENTON CLOSE might now be worth an estimated £239,985.

This is based on house price deflation of 2%, between September 2020 and May 2026, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for 4 WENTON CLOSE of £245,000 on 25th September 2020. For the value to have decreased from £245,000 to £239,985 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 4 WENTON CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WENTON CLOSE has not materially changed since September 2020.

How Large is 4 WENTON CLOSE?

4 WENTON CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottesmore, and where 4 WENTON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 4 WENTON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

4 WENTON CLOSE: Plot and Title Map

4 WENTON CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 4 WENTON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 WENTON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 WENTON CLOSE?

4 WENTON CLOSE is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 4 on WENTON CLOSE.